Tuesday, April 01, 2008

When it feels sooo... good....

This is when long positions have to be trimmed down, short looked up - think against the herd - you'll win on a long run.
My TV set is off - but I can hear CNBC talking head/pumpers ( they are been paid by stock market - what is going to happen with their fat checks if stocks will go to 0 [ZERO] ?)
Market IS very bullish today - I expected it and went into today' session 100% net long ( except for RIMM puts )
Was easing up on my long positions during the day, left some for tomorrow - the moment 401Ks and in kind will be used up - it is still a BEAR MARKET - do not dilute yourselves - seve some money to be wasted by your wifes :)